LoCorr Macro Strategies Fund Class A (LFMAX)
| Fund Assets | 1.54B |
| Expense Ratio | 2.13% |
| Min. Investment | $2,500 |
| Turnover | 90.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 2.74% |
| Dividend Growth | 0.60% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 7.58 |
| YTD Return | -0.79% |
| 1-Year Return | -4.55% |
| 5-Year Return | 18.73% |
| 52-Week Low | 7.40 |
| 52-Week High | 8.13 |
| Beta (5Y) | -0.08 |
| Holdings | 505 |
| Inception Date | Mar 22, 2011 |
About LFMAX
LoCorr Macro Strategies Fund Class A is a multi-manager mutual fund designed to offer **capital appreciation in both rising and falling equity markets**, with a secondary focus on managing volatility. Serving as an alternative investment solution, the fund combines the expertise of four established sub-advisers—all prominent in the managed futures space—and incorporates a shorter duration fixed income allocation. Its principal investment approach is twofold: a "Managed Futures" strategy seeks to harness returns from commodity and financial markets, while the "Fixed Income" strategy aims to preserve capital and generate interest income via investment grade securities. The fund is structured to provide **low correlation to traditional asset classes**, making it a potential diversifier within broader portfolios. Additionally, it is positioned to offer "crisis alpha" and downside risk mitigation, particularly during market dislocations. With total net assets of approximately $1.6 billion as of March 2025 and a minimum initial investment of $2,500 for Class A shares, LoCorr Macro Strategies Fund Class A stands out for its systematic, trend-following investment process and its track record in offering alternative risk and return sources within the mutual fund landscape.
Performance
LFMAX had a total return of -4.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.20%.
Top 10 Holdings
42.43% of assets| Name | Symbol | Weight |
|---|---|---|
| US TREASURY N/B - United States Treasury Note/Bond | n/a | 8.64% |
| US TREASURY N/B - United States Treasury Note/Bond | T.4.625 04.30.29 | 8.34% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.25 06.30.29 | 5.39% |
| US TREASURY N/B - United States Treasury Note/Bond | T.4.25 02.28.29 | 5.34% |
| US BANK MMDA - USBGFS 9 | n/a | 4.06% |
| US TREASURY N/B - United States Treasury Note/Bond | n/a | 3.32% |
| FANNIE MAE - Federal National Mortgage Association | n/a | 1.96% |
| US TREASURY N/B - United States Treasury Note/Bond | T.1.375 10.31.28 | 1.88% |
| Federal Farm Credit Banks Funding Corp | FFCB.4.375 03.08.27 | 1.84% |
| US TREASURY N/B - United States Treasury Note/Bond | n/a | 1.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $0.220 | Dec 10, 2024 |
| Dec 8, 2023 | $0.21868 | Dec 8, 2023 |
| Dec 8, 2022 | $1.17211 | Dec 8, 2022 |
| Dec 8, 2021 | $0.38923 | Dec 8, 2021 |
| Dec 8, 2020 | $0.48153 | Dec 8, 2020 |
| Dec 6, 2019 | $0.38371 | Dec 6, 2019 |